Kieran O'Donnell (Fine Gael) | Oireachtas source

Is there not an intended or unintended consequence to this proposal? The Commission's proposal is based on one third of the assets, one third of the labour and one the third of the sales of a company. The effective tax take of a smaller member state with a small domestic market that has a major level of exports will be down compared to that of a large member state with a large domestic market. I am referring specifically to Ireland, which has a small open economy. We survive on exports. We have a population of approximately 5 million people. We have a large multinational presence here exporting to European Union member states' markets. Will small member states with their small-scale exports and small domestic markets not be disenfranchised compared to the large member states with large domestic markets?